Business for Sale Overview:
Buy For Less Than Asset Value! Very well located and fully equipped sports themed restaurant in busy shopping center offering eat-in/take-out wings, burgers, sandwich type menu with beer/wine. Less than one mile from I-95 exit, the restaurant is next to several nationally recognized anchor stores. Seating for 30 with ample parking, sales in 2008 are running 23% ahead of 2007 and 30% ahead of 2006 without advertising. Absentee owners have caused a negative cash flow due to allowing expenses to far exceed industry norms. Business is very viable for a hands on owner-operator and is being sold at near asset value. Fixtures and equipment worth $90,870 convey with business as well as $180,000 of amortizable leasehold improvements.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
other business interests
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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